The SOMA Group Term Life Insurance plan offers an affordable way to purchase a life insurance benefit to help cover your financial responsibilities. For many SOMA members, the largest obligation they face is their student loans. The proceeds from this policy can be used for any purpose. You may need insurance to provide resources for your family and/or help pay your financial obligations, including your student loans, without burdening family members in the event of an untimely death from an accident or an illness.

Whether you are buying life insurance for the first time or adding to what you already have, the SOMA Group Term Life Insurance Plan allows you to apply for amounts from $50,000 to $250,000.

Apply today for the SOMA Group Term Life Insurance Plan.

HIGHLIGHTS

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For eligible SOMA members under age 50

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Coverage available in $50,000 increments up to $250,000

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Simplified Issue Offer: $50,000 or $100,000 Term Life Insurance renewable to age 55 for members who qualify

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No physical exam required for Simplified Issue Offer

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Low group rates

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Convenient online application process

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Coverage available for spouses under age 50 and dependent children

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Individual coverage quotes* provided for members who are over age 50, are unable to qualify or need more than $250,000 of insurance

The SOMA Group Term Life Insurance Plan is underwritten by Life Insurance Company of North America, A CIGNA Company. Quotes for individual coverage* are provided through other insurance companies.

*Individual coverage is not underwritten by Life Insurance Company of North America.